Carlton Landing Academy Inc
Analysis
Carlton Landing Academy Inc is a registered charity in United States, based in Carlton LNDG, OK. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Carlton Landing Academy Inc reported income of $700k and spending of $931k, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $659k to $700k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 106% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Carlton Landing Academy Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OK. Charities of a similar size with the same main cause include H Malcolm Macdonald Charitable TR ($700k), Cornerstone Preparatory School Inc ($700k) and Parent-Teacher Association of P S ($700k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $455k. At year end it held assets of $86k against liabilities of $60k, net assets of $26k. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 3.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| H Malcolm Macdonald Charitable TR | Pennington | $700k |
| Cornerstone Preparatory School Inc | Madisonville | $700k |
| Parent-Teacher Association of P S | Brooklyn | $700k |
| Flagstaff Cooperative Preschool Inc | Flagstaff | $701k |